Washington bets on blockchain to publish its economic statistics
17:10 ▪ 4 min read
Inform
▪
Regulation Crypto
The U.S. Secretary of Commerce will publish economic data, including GDP, directly on the blockchain. Presented at the White House with Donald Trump, the initiative aims to strengthen trust and experiment with blockchain in public administration.
In summary
The United States will publish its GDP data on the blockchain to strengthen transparency and trust in official statistics.
This initiative is inspired by international experiences and seeks to position Washington as a leader in the governmental use of blockchain.
While the technology ensures data integrity, it does not address the issue of its accuracy, which is always politically debated.
When technology becomes a governance tool
The use of blockchain by governments is not a novelty. Estonia paved the way since 2016 by securing its medical records thanks to KSI blockchain.
Today, this system has become the backbone of its digital identity infrastructure. The European Union launched the EBSI initiative, a cross-border project aimed at providing reliable and decentralized public services.